Appendix A - Dyn365FO Adjustments for Case
Add accounts in USMF
For the second and third exercises to work we need to establish the Accounting Succinctly accounts into the USMF chart of accounts. Not a clean, elegant solution but it does allow postings to be made and reports to be run based on the case. Before students begin the following accounts main accounts must be added in USMF.
Main account |
Name |
Main account type |
Main account category |
1000AS |
Cash-Checking |
Asset |
CASH |
1100AS |
Software |
Asset |
PREPAIDEXP |
1200AS |
Subscriptions |
Asset |
PREPAIDEXP |
1600AS |
Computer System |
Asset |
OTHERASSET |
2000AS |
Loan for Computer |
Liability |
NOTESPAY |
3000AS |
Owner's Equity |
Equity |
ADDPAIDINCAPCOM |
3100AS |
Retained Earnings |
Equity |
RETEARN |
4000AS |
Sales Revenue |
Revenue |
SALES |
5000AS |
Rent Expense |
Expense |
OTHEREXP |
5100AS |
Postage |
Expense |
OTHEREXP |
5200AS |
Shipping Supplies |
Expense |
OTHEREXP |
5300AS |
Office Supplies |
Expense |
OTHEREXP |
Add Computer Accessories inventory item group
We use an item group CompAcc for Computer Accessories for the portable hard drive products. An inventory item group 'hides' the posting accounts behind actions involving changes in inventory for an item in the group. Use Modules | Inventory management | Setup | Inventory | Item groups to create the group and update its accounts to match those of the Audio Products group ... mostly this is adding account 140200 Finished Goods Inventory in several places.
Create IT Lab Site
A warehouse requires a site in Dyn365 FO and having each student create a site and then a warehouse seemed too much clutter. So one site was created for each student's warehouse to be part of. To create the site use Inventory management | Setup | Inventory breakdown | Sites to create this